M11-6 (Algo) Determining the Effects of Treasury Stock Transactions LO11-3 Carbide Corporation purchased 26,000 shares of its own stock from investors for $46 per share. The next year, the company resold 2,000 of the repurchased shares for $45 per share, and the following year it resold 7,000 of the repurchased shares for $35 per share. Determine the impact (increase, decrease, or no change) of each of these transactions on the following: (Enter a positive value for increase and a negative value for decrease. If no change, leave cell blank.) Total Assets Total Liabilities Total Stockholders' Net Income Equity Purchased 26,000 shares of treasury stock Resold 2,000 shares for $45 per share Resold 7,000 shares for $35 per share